Restaurant Chain Growth Report 10/18/16

Growing Concepts of Multi Unit Operators Concepts that have grown by at least 5% (if less than 50 units).

Fairfax, VA-based GREAT AMERICAN RESTAURANTS (founded 1974) has increased by 1 unit for the Coastal Flats concept, from 2 to 3 (50% concept growth). Other company concepts are Artie’s (1), Best Buns Bread Co (1), Carlyle (1), Jackson’s Mighty Fine Food & Lucky Lounge (1), Mike’s American (1), Ozzie’s (1), Silverado (1) and Sweetwater Tavern (3). Overall company increase was from 12 to 13 (8% growth). The restaurants are family/casual, serving American cuisine. Full bar service is available and seating is for about 200. Per person check average is $10-$30+. All the locations are in VA.

Covington, LA-based PJ’S COFFEE & TEA (founded 1978) has increased by 8 units, from 66 to 74 (12% growth) and entered into MA, SC and TX. This fast casual coffee shop is open for breakfast and lunch hours, with a $4-$12+ per person price range. The stores seat about 30, with drive-thru service. Units are franchised and trade in AR, LA, MA, MS, SC and TX. PJ’s is a subsidiary of Ballard Brands.

East Amherst, NY-based MIGHTY TACO (founded 1973) has increased by 1 unit, from 23 to 24 (4% growth). This fast casual Mexican concept is open for lunch and dinner, with a $4-$12+ per person price range. Locations seat about 70 and offer drive-thru service. All the locations are in NY.

Albuquerque, NM-based ANNAPURNA WORLD VEGETARIAN CAFE has increased by 1 unit, from 3 to 4 (33% growth). This family/casual concept serves Indian cuisine, open for breakfast, lunch and dinner. Per person check average is $8-$20+, serving beer and wine. Seating is for about 60. Catering is available. All the locations are in NM.

Emerging and Re-emerging ConceptsConcepts with 20 units or less who grew by at least 2 units.

San Francisco, CA-based PLUMPJACK (founded 1992) has added 3 new concepts called Forgery (1), Verso (1) and Wildhawk (1), for an overall company increase from 4 to 7 (75% company growth). Other company concepts include: Plumpjack Café @ Squaw Valley Inn (1), Matrixfillmore (1) and Balboa Café (2). These upscale restaurant concepts are open for breakfast, lunch and dinner, serving American cuisine. Per person check average is $15-$50+. Full bar service is available and seating is for about 225. Catering is also available. All the restaurants are in CA.

Hoover, AL-based FULL MOON BAR-B-QUE (founded 1981) has increased by 2 units, from 9 to 11 (22% growth). This family/casual BBQ concept is open for lunch and dinner, with a $6-$15+ per person check average. Beer is served and seating is for about 70. Catering and banquet services are available. All the locations are in AL.

Repeat GrowersConcepts previously written about in the past 18 months.

Portland, OR-based KILLER BURGER (founded 2010) has increased by 1 unit, from 6 to 7 (17% growth). This fast casual burger concept is open for lunch and dinner, with a $6-$15+ per person price range. Beer and wine are served (select locations offer full bar service). Average unit has seating for about 60. Trading areas are OR and WA. We featured this concept on 9/29/15 (20% growth).

Toledo, OH-based BARRY BAGELS (founded 1972) has increased by 1 unit, from 6 to 7 (17% growth). This quick serve bakery/cafe is open for breakfast and lunch, with a $4-$12+ per person price range. Units seat about 30 and offer catering and online ordering options. All the stores are in OH. We last featured this concept on 3/3/15 (20% growth).

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